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Britain insurance companies on self-driving vehicles

by Nick Carey, Paul Lienert and Tina Bellon of Reuters from https://auto.economictimes.indiatimes.com Britain’s driverless car ambitions hit speed bump with insurers Insurers are key players in the shift to automated driving, with some investing in a technology they believe will slash accidents and deaths, and save them billions in payouts. But they are worried drivers

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Why shortages of a $1 chip sparked crisis in the global economy

by Bloomberg from https://auto.economictimes.indiatimes.com The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China to the rest of the world, many companies anticipated people would cut back as times got tough. To understand why the $450 billion semiconductor industry has lurched into

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Piaggio, KTM, Honda and Yamaha to set up swappable batteries consortium

from https://auto.economictimes.indiatimes.com The consortium will define the standardised technical specifications of the swappable battery system for vehicles belonging to the L-category, mopeds, motorcycles, tricycles and quadricycles. Piaggio Group on Monday said it has signed a letter of intent with KTM AG, Honda Motor and Yamaha Motor to set up a Swappable Batteries Consortium for motorcycles

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Americade reschedules 2021 motorcycle rally for Sept. 21-25

from https://www.news10.com After last year’s rally being canceled, the 2021 Americade Motorcycle Touring Rally is playing things as safe as possible in order to rev the engines around the COVID-19 pandemic. The 38th annual Americade rally has been rescheduled from its original planned June dates to Sept. 21-25, according to event manager Christian Dutcher. That

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